Front Office

通常,front-office(FO)在投资银bob竞技体育游戏行业务中是公司面向客户的一部分,包括着重于与客户合作的角色,而不是支持,风险,合规性和运营角色。之所以命名,是因为传统上,面向客户的员工将在您可以看到的业务的前面,而支持人员将在他们的后面,看不见。

Usually, a role is not considered FO unless it is directly generating income for the firm. Roles such as股票研究are sometimesconsidered FO. Even though they often do not directly generate any revenue, they are perhaps the most client-facing role there is in an investment bank, alongside Sales. On the other end of the spectrum, traders almost never meet clients, however, they definitely generate income and so are often considered FO as well.

what-is-front-office

What are Front Office Divisions

这front office in the finance industry is the part of the company that is focused on bringing in revenue for the organization, thinksales and trading for example. FO workers can generate sales through selling various financial products or trading for clients, or by facilitating mergers and acquisition (M&A) deals in investment banks.

常见的FO部门包括:

Front office jobs are difficultto obtain and come with long hours, less work life balance, and stress. However, these jobs are held in high regard and most are very lucrative.

Why is it Called Front Office?

FO具有不同的含义,具体取决于您所在的行业。与体育或酒店行业相比,它在金融行业的含义不同。

在金融方面,特别是投资银行业务,FO是公司的收入。bob竞技体育游戏该部门直接与个人和公司客户合作,提供金融服务和产品,或帮助客户筹集资金并进行交易。bobapp下载链接化管理

在体育行业,FO与球员联系,为球员和球队组织活动和活动。该部门的工作人员基本上控制了整个团队,因此通过计划活动带来了收入。

在酒店业务中,FO员工在签入和登机时直接帮助客户,并解决客户在住宿期间可能遇到的任何投诉或问题。接待员通常驻扎在FO中,并确认与客户的预订,并回答他们可能遇到的任何问题。

Front Office vs Middle Office vs Back Office

这front, middle, and后台都是important areas of the business that are needed for the overall success of the firm. In general, the FO works with and services clients directly. Themiddle office管理风险,IT资源和bob电子竞技大赛整体公司战略. The back office is there to support the operations of the front andmiddle office and includesfunctions such as human resources, accounting, and administrative assistants.

这middle office's primary responsibilities are to support the FO. They do this by providing IT resources, ensuring compliance procedures are followed, managing risk, and providing legal support. The middle office has become especially important after the2008 great financial crisis而且,越来越重视合规性和风险管理的重要性。中后台倾向于在某些责任领域重叠,因此可以在同一水桶中分类。

back office, while not a revenue generating division, is a necessity for a business to run effectively and is required to keep the business running smoothly. The back office maintains records of deals and transactions, is responsible for making sure that payments are processed and settled, and responsible for accounting. Human resources is also considered a back office department. In general, the back office primarily deals with administrative and support tasks. The main purpose of the back office is to ensure the daily operations of the business are running smoothly. Back office employees are also generally paid less than their front and middle office counterparts.

Organizations, typically financial services companies, are movingback office jobs,以及一些海外的中间办公室工作,以省钱。公司能够通过将这些工作转移到平均工资较低但仍吸引受过教育和熟练的工人的国家来大幅度降低成本。出口这些工作的共同国家包括印度和爱尔兰。

Moving from Back Office to Front Office

Moving from the back/middle office to the FO is not easy. Even working at the same bank or company does not put you on track to move to the front office as the required skills are usually very different. Moving between these two areas of the business requires extensive networking as you will often be competing against external candidates with more experience and a better education. Here are some steps you can take:

  1. 在不抱怨的情况下在您的中间或后台角色中做得好
  2. Network aggressively internally at your firm and externally across other finance firms to build relationships in the front office
  3. Develop the necessary财务建模skills to demonstrate you could hit the ground running
  4. 准备信息面试就像他们是最终超级日so you can impress if they do test you on your technicals

You will need to work harder than others to have a shot at making the switch. Ask questions to hiring managers and show genuine interest.

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